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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?

To: B. J. Barron who wrote (3111)2/17/1999 5:25:00 PM
From: KB  Read Replies (2) | Respond to of 39683
 
B.J.

Could you please elaborate on your strategy? I am new both to technical analysis and using mechanical buy/sell points. I don't understand your shorthand of adx and esa nor the timeframe in which you're looking for these events to take place. Up until now I have been seat-of-the-pants, which has gotten my feet wet, but has not helped my account balance. Thanks for being patient with a newbie.

KB



To: B. J. Barron who wrote (3111)2/18/1999 6:54:00 AM
From: Dr. Stoxx  Respond to of 39683
 
BJ,

"esa" = "ema"?

Solid strategy. Buying into the first pullback after a new high is a very low risk trade. The key, timing-wise, is getting in with the resurgence of momentum. Otherwise you are stuck for a few days.

Feel free to post what you find that fit your parameters.

TC.


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